Responsible Personal Finance: The Role of Conscientiousness in Bank and Pension Savings in Chile
Author
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Kausel Elicagaray, Edgar
Author
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Hansen Silva, Erwin
Author
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Tapia, Pablo
Admission date
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2016-07-01T19:56:39Z
Available date
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2016-07-01T19:56:39Z
Publication date
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2016
Cita de ítem
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International Review of Finance, 16:1, 2016: pp. 161–167
en_US
Identifier
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DOI: 10.1111/irfi.12069
Identifier
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https://repositorio.uchile.cl/handle/2250/139380
General note
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Artículo de publicación ISI
en_US
Abstract
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We investigate the role of trait conscientiousness, from the Big Five personality traits, in explaining individual saving behavior. Conscientiousness is a disposition to be responsible and pursue non-immediate goals; thus, we expect this trait to positively predict saving behavior. Using a nationally representative survey from Chile, we find the expected effect of conscientiousness on pension and bank savings.